The UK has the world’s first code for investor stewardship. Improving the quality and quantity of investor stewardship will help make the code a working reality. 20/20 vision is needed to clarify what is meant by investor stewardship and to find ways to help investors and companies put this into practice building on many years of progress in UK corporate governance. Introducing value-adding stewardship programmes takes time but we anticipate full and effective implementation will have been achieved by 2020. Our ideas are aimed at the UK but we believe that they will be of value in other markets. We believe that a critical mass of investor stewards is vital. We also recognise that not every shareholder can or needs to be a good steward. There is nothing wrong in NOT signing up to the Stewardship Code when an institutional investor has products that are not suitable, or is too small, or is a non-believer in the benefits of stewardship. The findings in this report represent both our...

The conference explored how companies can inspire themselves by and through nature, by developing and implementing 'natural business strategies' into their business models. This helps businesses become both sustainable and successful in an increasingly challenging and uncertain global climate. Keynote addresses and contributions from: L. Hunter Lovins - founder and president of Natural CapitalismDianne Dillon-Ridgley - director of InterfaceMichael Bremans - chairman of Ecover InternationalAndy Wood - CEO of AdnamsJane Davidson - director of InspireGiles Hutchins - global director of sustainability of AtosDiane Gilpin - director of B9 ShippingJo Fox - director of 'bigger picture' BSkyBMelissa Sterry - futurologist and Earth 2.0Denise DeLuca - founder of BCIAndy Middleton - founder of TYFNigel Stansfield - senior and vice president of product and innovation at InferfaceFLORAnthony Hilton - financial editor of the London Evening Standard You can download the slide deck from the day...

Beyond Regulation: improving corporate governance in the UK and beyond. The conference will provide industry insights from senior figures in the business community and the practical tools to help you improve the quality of what you do in the boardroom. Toolkits have been developed by the Good Governance Forum, set up after the financial crisis in response to questions around the effectiveness of corporate governance. Attendees will also have the chance to be involved an interactive boardroom conversation workshop. The event will address corporate governance in the morning and stewardship in the afternoon. This will be followed by a drinks reception and dinner.

Boards are operating in ever more complex and challenging business environments. At the same time, their behaviour and standards are coming under increasing external scrutiny, for example through the Financial Reporting Council (FRC) and Walker Reviews in the UK. This publication champions the concept of a ‘mandate’ which sets out the ‘essence’ of the ‘character’ and distinctiveness of the company. We believe that this ‘working charter’ can help boards navigate their way through increasingly choppy waters by facilitating more effective strategic engagement: primarily between executive directors and NEDs to improve board effectiveness, but with the associated benefit that it drives communication externally with the key stakeholders, including investors, government and regulators, and society at large. Accompanying this document is a 'tool-kit' which provides an agenda for board discussions. Please download this here.  A series of case studies illustrating how the board mandate may,...

It will not have escaped many of your attention that I have been vocal of late about the importance of good governance. Indeed this is my second speech on the topic for our hosts today in the space of a week!So whilst I make a small apology to those who may be experiencing a slight feeling of déjà vu at this point, I make no apology for reiterating the point. Well-run companies are founded on sound governance. If the global banking crisis has taught us anything, it is that poor decisions were made. Decisions went unchallenged.Decisions were allowed to stand.Good decision-making requires three things.It requires excellent judgement to identify opportunities and spot emerging risks.It requires robust governance to ensure that those judgements are in the long-term interest of the company, and to ensure that when judgement fails, there is a back-stop.And it requires owners to care. It requires shareholders and those who act on behalf of shareholders to take an active role in holding...